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Fair equality of chances for prediction-based decisions

Loi, Michele; Herlitz, Anders; Heidari, Hoda (2024). Fair equality of chances for prediction-based decisions. Economics and Philosophy, 40(3):557-580.

Abstract

This article presents a fairness principle for evaluating decision-making based on predictions: a decision rule is unfair when the individuals directly impacted by the decisions who are equal with respect to the features that justify inequalities in outcomes do not have the same statistical prospects of being benefited or harmed by them, irrespective of their socially salient morally arbitrary traits. The principle can be used to evaluate prediction-based decision-making from the point of view of a wide range of antecedently specified substantive views about justice in outcome distributions.

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:04 Faculty of Medicine > Institute of Biomedical Ethics and History of Medicine
Dewey Decimal Classification:610 Medicine & health
Scopus Subject Areas:Social Sciences & Humanities > Philosophy
Social Sciences & Humanities > Economics and Econometrics
Uncontrolled Keywords:Economics and Econometrics, Philosophy, Fairness, bias, statistical decision-making, statistical discrimination
Language:English
Date:1 November 2024
Deposited On:15 Dec 2023 08:08
Last Modified:27 Dec 2024 04:41
Publisher:Cambridge University Press
ISSN:0266-2671
OA Status:Hybrid
Free access at:Publisher DOI. An embargo period may apply.
Publisher DOI:https://doi.org/10.1017/s0266267123000342
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  • Content: Published Version
  • Language: English
  • Licence: Creative Commons: Attribution 4.0 International (CC BY 4.0)

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